Could some of you who have seen this before venture a guess as to how long ammo prices will remain this high?
We
had been living in a time of historic lows for the cost of ammo. Most knew that election jitters were going to raise prices of Guns/Ammo anyway. The virus just accelerated the panic buying of "uncertain times" items - e.g. - canned goods, G/A, paper products, bulk foods like rice and beans, "emergency preparedness tomahawks," (haha) and the like. Right now, this is about the only time people other than hikers actually buy Mountain House freeze dried meals and personal water filters - haha. The whole virus aspect just added cleaning products to the list.
For guns and ammo, demand has increased considerably and this has given manufacturers the ability to raise prices. This may be an unpopular opinion, but that isn't evil of them. Do you think they had been making money these past few years? The casualty list of gun companies declaring bankruptcy was stacking up in an environment where demand was terribly low.
I'm not a savant, but if you had asked me in October 2016 about the price of ammo, I would have never thought that it prices would have dropped, let alone the lows we have seen - ever. However, with political stability that upholds the Constitution, no current declared wars, and relative physical safety - ammo prices fell through the floor due to low demand.
It's going to take that kind of climate for ammo prices to return to "normal," which we now see as the likely recent history low point.
It's kind of like what my friend Morty says:
"You take the red pill, the story ends. You wake up in your bed and ammo is cheap and available. You take the blue pill, you stay in Wonderland, and Uncle Joe will show you how deep the rabbit hole goes. Remember, all I'm offering is the truth. Nothing more."